Computer duo cash in £7m

THE TWO founders of computer services group Computacenter have swelled their fortunes further by cashing in share options for a total of almost £7m.

News of the windfall for Peter Ogden and Philip Hulme comes just days after it emerged that they stand to make paper profits of up to £45m each from next month's flotation of financial software group Dealogic.

The latest accounts for Computacenter show that the pair have exercised and sold options granted to them shortly after the company floated on the stock market six years ago.

The flotation valued their combined holding at £600m and they still retain shares in Computacenter worth almost £300m.

The Mail on Sunday Rich Report valued Peter Ogden's wealth at £235m, with Hulme on £155m. They met at Harvard Business School in the seventies.